Alf Lees

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1d
Daily Dispatch
SAA will not be privatised‚ says cabinet3‚ 2017 and that Myeni remains as the chair of the SAA board for another 14 day
Daily Dispatch / Posted yesterday
3‚ 2017 and that Myeni remains as the chair of the SAA board for another 14 days‚” DA’s deputy shadow finance minister‚ Alf Lees‚ said. He added that Gigaba seemed to think that by removing Myeni‚ that SAA would be saved. “This is not the... Read more
6 related articles
1d
AllAfrica.com
Myeni Still SAA Board Chairperson Until 3 Novembercase. The airline is bankrupt and requires R10 billion to continue to limp alo
AllAfrica.com / Posted yesterday
case. The airline is bankrupt and requires R10 billion to continue to limp along. It is time to face up to the fact that SAA can only be saved if it is put into business rescue, stabilised and sold. Alf Lees MP DA Shadow Deputy Minister of Fin... Read more
4 related articles
2d
Eye Witness News
Gigaba: New SAA board to bring talent, expertise & energywhich is technically insolvent. While Myeni’s departure has been welcomed, Dem
Eye Witness News / Posted 2 days ago
which is technically insolvent. While Myeni’s departure has been welcomed, Democratic Alliance deputy finance spokesperson Alf Lees says the question now is where the R10 billion SAA needs to stay aloft will come from. “It’s an unnecessary strain... Read more
6 related articles
2d
Eye Witness News
Gigaba to reveal plan to assist struggling SAAMyeni’s lengthy tenure, SAA has come close to crashing and burning. The Democr
Eye Witness News / Posted 2 days ago
Myeni’s lengthy tenure, SAA has come close to crashing and burning. The Democratic Alliance’s deputy finance spokesperson Alf Lees says that her departure is just a small step towards saving the national carrier. “The next step is going to be to... Read more
2d
Daily Dispatch
Myeni's reported removal at SAA 'too little‚ too late'damage to SAA and should not have been reappointed to the board‚ and certainly
Daily Dispatch / Posted 2 days ago
damage to SAA and should not have been reappointed to the board‚ and certainly not as board chair‚ in September 2016‚” said Alf Lees‚ the DA’s deputy shadow minister of finance. “The question remains as to where (finance minister) Malusi Gigaba is... Read more
2d
AllAfrica.com
Legal Opinion Confirms Gigaba's Use of Section 16 for SAA Bailout Was Illegalaffected." It seems that the ANC and Gigaba will do all in their power, even a
AllAfrica.com / Posted 2 days ago
affected." It seems that the ANC and Gigaba will do all in their power, even apparently act illegally, to continue to throw money at the failing airline at the expense of the people of South Africa. Alf Lees MP DA Shadow Deputy Minister of Fin... Read more
2 related articles
7d
iafrica.com
Gigaba to give details of SAA bailoutto Citibank, domestic lenders have agreed to extend the R5 billion owed to them
iafrica.com / Posted 7 days ago
to Citibank, domestic lenders have agreed to extend the R5 billion owed to them until the end of October. But the DA's Alf Lees says Parliament would not have approved the funds by then. “The question of the legality now is something that the... Read more
3 related articles
7d
Eye Witness News
Gigaba to give details of SAA bailout at mid-term budget speechto Citibank, domestic lenders have agreed to extend the R5 billion owed to them
Eye Witness News / Posted 7 days ago
to Citibank, domestic lenders have agreed to extend the R5 billion owed to them until the end of October. But the DA's Alf Lees says Parliament would not have approved the funds by then. “The question of the legality now is something that the... Read more
3 related articles
7d
AllAfrica.com
Minister Gigaba Tables Section 16 Notice Regarding SAA Bailoutand then to sell the airline to the highest bidder. It is immoral to expect poo
AllAfrica.com / Posted 7 days ago
and then to sell the airline to the highest bidder. It is immoral to expect poor South Africans to be deprived of basic services in order to fund the losses of SAA, a mismanaged state-owned airline. Alf Lees MP DA Shadow Deputy Minister of Fi... Read more
3 related articles
7d
Eye Witness News
SAA bailout yet to be approved by Parliamentby law, Gigaba has officially informed Parliament about last month's R3 billion
Eye Witness News / Posted 7 days ago
by law, Gigaba has officially informed Parliament about last month's R3 billion bailout to SAA. The Democratic Alliance's Alf Lees says Gigaba is circumventing the budgetary process because the money won't be approved before the end of October as... Read more
8d
AllAfrica.com
Parliament - Treasury's Chief Procurement Officer Ducks and Dives About SAAthree months. By MARIANNE MERTEN. Maybe it was a slip of the tongue, that comm
AllAfrica.com / Posted 8 days ago
three months. By MARIANNE MERTEN. Maybe it was a slip of the tongue, that comment about an SAA contract review, but DA MP Alf Lees followed up. It then emerged that it wasn't actually the Office of the Chief Procurement Officer (OCPO) that was... Read more
17d
AllAfrica.com
DA to Request Parliamentary Legal Opinion On Gigaba's SAA Bailoutof funds. Parliament's legal advisors need to get to the bottom of Gigaba's us
AllAfrica.com / Posted 17 days ago
of funds. Parliament's legal advisors need to get to the bottom of Gigaba's use of the PFMA to bail out SAA by raiding the public purse and we trust that the legal opinion will do just that. Alf Lees MP DA Shadow Deputy Ministe... Read more
18d
AllAfrica.com
Treasury Must Urgently Clarify How SAA Funding Requirements Will Be Metsays will amount to R10 billion in the current 2017/18 financial year. This un
AllAfrica.com / Posted 18 days ago
says will amount to R10 billion in the current 2017/18 financial year. This uncertainty will have a negative impact on the South African sovereign ratings and must be clarified long before the MTBPS. Alf Lees MP DA Shadow Deputy Minister of Fina... Read more
21d
Eye Witness News
Pressure on Gigaba to reveal details of SAA loans with banksThursday, the Democratic Alliance (DA) called on SAA to allow itself to be plac
Eye Witness News / Posted 21 days ago
Thursday, the Democratic Alliance (DA) called on SAA to allow itself to be placed under business rescue. The DA's Alf Lees said: “We’re not surprised although we’re obviously very disappointed. The minister has not done the right thing and... Read more
22d
AllAfrica.com
SAA Must Be Stabilized, Professionalized and Sold OffLeader, Mmusi Maimane, at a press briefing in Johannesburg. Maimane was joined
AllAfrica.com / Posted 22 days ago
Leader, Mmusi Maimane, at a press briefing in Johannesburg. Maimane was joined by DA Shadow Deputy Minister of Finance, Alf Lees. The crisis at South African Airways (SAA) is fast reaching boiling point with debt repayments totaling R6.9... Read more
24d
Eye Witness News
Gigaba employing delaying tactics over SAA financial statements?to the Companies Act, SAA's annual financial statements should have been finali
Eye Witness News / Posted 24 days ago
to the Companies Act, SAA's annual financial statements should have been finalised on 31 August. The DA's Alf Lees says Minister Gigaba has used the delay as an excuse to extend Dudu Myeni's tenure as director and chair of the... Read more
21 related articles
25d
AllAfrica.com
Finance Minister, National Carrier Breach Companies Actmillion unemployed South Africans. The Farlam Commission Report was released o
AllAfrica.com / Posted 25 days ago
million unemployed South Africans. The Farlam Commission Report was released over 2 years ago, but nothing has been done since then to provide closure on the greatest tragedy of our young democracy. Alf Lees MP DA Shadow Deputy Minister of Fin... Read more
21 related articles
26d
AllAfrica.com
National Carrier Bailout with Pension Funds Unethical - Oppositionasked the Public Investment Corporation (PIC) for a R6bn bailout for the airlin
AllAfrica.com / Posted 26 days ago
asked the Public Investment Corporation (PIC) for a R6bn bailout for the airline, which DA deputy spokesperson on finance Alf Lees said she had "basically run into the ground". "While the PIC reportedly refused these requests, this is yet another... Read more
21 related articles
26d
Eye Witness News
Gigaba: Treasury not looking to use PIC funds to bail out SOEsbailout from the Public Investment Corporation is another reason why she should
Eye Witness News / Posted 26 days ago
bailout from the Public Investment Corporation is another reason why she should be removed as chairperson. The party’s Alf Lees says that Myeni has run the airline into the ground. “The company is in severe financial stress. Whether it is... Read more
21 related articles
26d
Eye Witness News
Decision to keep Myeni at SAA is irrational - DAbailout from The Public Investment Corporation is another reason why she should
Eye Witness News / Posted 26 days ago
bailout from The Public Investment Corporation is another reason why she should be removed as chairperson. The party’s Alf Lees says that Myeni has run the airline into the ground. “The company is in severe financial stress. Whether it is... Read more
21 related articles
26d
News 24 South Africa
Bailing out SAA with pension funds is unethical - DAasked the Public Investment Corporation (PIC) for a R6bn bailout for the airlin
News 24 South Africa / Posted 26 days ago
asked the Public Investment Corporation (PIC) for a R6bn bailout for the airline, which DA deputy spokesperson on finance Alf Lees said she had “basically run into the ground". “While the PIC reportedly refused these requests, this is yet another... Read more
21 related articles
26d
AllAfrica.com
Gigaba Has No Choice but to Fire Myeniat the end of September 2017 when loans of R6.783 billion are due to be repaid.
AllAfrica.com / Posted 26 days ago
at the end of September 2017 when loans of R6.783 billion are due to be repaid. The airline must be put into business rescue to stabilise its operations, stop the losses and ultimately be privatised. Alf Lees MP DA Shadow Deputy Minister of Fin... Read more
21 related articles
28d
AllAfrica.com
All DA Governments to Review KPMG Contractsto the people of South Africa. The Farlam Commission Report was released over
AllAfrica.com / Posted 28 days ago
to the people of South Africa. The Farlam Commission Report was released over 2 years ago, but nothing has been done since then to provide closure on the greatest tragedy of our young democracy. Alf Lees MP DA Shadow Deputy Minister of... Read more
28d
AllAfrica.com
National Carrier Chief's Contract is Legal - Finance Ministerthe minister said that Ms Myeni has not yet served three full terms of office."
AllAfrica.com / Posted 28 days ago
the minister said that Ms Myeni has not yet served three full terms of office." Response is incredible - Lees DA MP Alf Lees, who is on the committee, said he has yet to receive the correspondence from Gigaba. "It seems incredible that the... Read more
21 related articles

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